Are you a Fake Middle class: How Millionaires View Money
Ever wondered why the rich people always get richer and richer while majority of people are stuck in the same position especially middle class.
Most people blame rich people of having an advantage over the rest since economic inequality is real and widely discussed. These excuses are populist and seems comfortable to most people “The blame game” and “Fingers pointing”. But in monetary terms there is nothing called unfair advantage when its comes to money making.
We all have equal opportunity to get wealthy
What holds majority of people on their path to get wealth is their philosophies, Thoughts and beliefs about money. Middle class looks at wealth in a different perspective while the wealthy people see it differently; these two groups are on a different lane.
So, the main question is what are the main secrets of these millionaires?
1. They focus on earning
Majority of us will focus on how we can protect and hold our money. The wealthy individuals know that saving is also important. But they are aware that earning is more important than saving. The average person is concerned with the gains that they receive from investments and savings; they don’t use the billion-dollars mindset to grow their fortunes. Wealthy people focus on the process; they use mental energy on how to grow their wealth. Average people want to leave frugally.
2. They leverage
Leveraging in growing wealth is important and this is common in millionaires. Wealthy individuals set their mind on where they can make more profits while making use of their credibility, resources and contacts in order to have maximum returns on action they wish to take. Average individuals think that their hard work should be rewarded with a badge, but wealthy people focus on success than recognition.
It is important to let off some limiting beliefs you may be having and you focus on how you can leverage on what you have to become successful.
3. Rich people see money in a non linear way
Majority of people mix time and money. The thinking is that making cash is a linear activity that is linked to time. Middle class individuals have a believe that you can only get extra money by working for more hours and that you will be rewarded with bonuses or overtime pay.
Wealthy individuals see money linearly .They trade by mastering their ideas to solve real problems. They know money is there when you solve people problems. They have a strong believe that ideas are limitless and you can make more money as you wish. You can create a fortune within a night if you got the idea brought in to solve a problem.
4. They think logically
Wealthy individuals focus on money on what it can do and what it can’t through logical reasoning. Majority of individuals cloud money with emotions, most of them negative, this comes with lot of self beliefs and if not’s that affect the proper reasoning on how to grow wealth. Though emotions are important, it is important to send off negative thoughts.
On money matters, you should let reasoning to be the guide-With this you free yourself the chains most psychological and decide on your plan that will motivate you to grow wealth.